2024-12-26 17:43:46.AIbase.14.3k
ByteDance's AI Investment Approaches the Total of BAT, Budget Expected to Double Next Year!
In the field of artificial intelligence, ByteDance is ramping up investments at an astonishing pace. According to the latest report from Zheshang Securities, ByteDance's capital expenditure on AI will reach 80 billion yuan in 2024, nearly equaling the total of the three giants Baidu, Alibaba, and Tencent. It is expected that by 2025, this figure will double to 160 billion yuan, with 90 billion yuan allocated for AI computing power and 70 billion yuan for data center infrastructure and networking equipment. This investment scale not only demonstrates ByteDance's ambition in the AI sector but also foretells a new development phase for China's AI industry.